Explained on 26 October 2026. This is an educational answer drawn from the dated article below; examples are hypothetical unless a specific source observation is identified.

How it works

The category name can remain unchanged while a relevant benchmark’s mix changes. Conversely, an active scheme can hold a different mix within its mandate. Establish which benchmark the fund uses and why, then read the dated scheme disclosure rather than transfer the full index table into the fund’s portfolio.

A simple example

A hypothetical index raises a three-month instrument sleeve to 40%, while an active scheme reports 25% at its own disclosure date. That difference is a research question to place in mandate and timing context, not automatic evidence of an implementation error.

What to check

  • Identify the scheme’s actual benchmark and mandate.
  • Compare disclosure and rebalance dates.
  • Use scheme holdings for personal exposure.

Read the full event and evidence

Nifty’s 30 October Debt Rebalance: A Fund Category Can Stay the Same While Its Benchmark Mix Changes explains the original event, its dates and the supporting documents. Event context: 23 October notice; effective 30 October 2026.